Monday, February 18, 2013

Geely leading China bids for U.S. green-car startup Fisker: sources

Reuters: China's Zhejiang Geely Holding Group is favoured to secure a majority stake in troubled U.S. electric car maker Fisker Automotive, according to two sources familiar with Fisker's search for a strategic investor or partner. Fisker, the Anaheim-based plug-in hybrid maker, is currently weighing bids from two Chinese auto makers: Geely, the owner of Sweden's Volvo, and state-owned Dongfeng Motor Group Co.. The interest in Fisker reflects China's strong push into alternative fuel cars as it seeks...

URL: http://www.reuters.com/article/2013/02/18/us-china-auto-idUSBRE91H05G20130218?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29

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